business
Pizza Hut has a new owner for the first time since 1977 after Yum! Brands sells for $1.5B
Summary by The Nashville Editorial Desk Justin Boggs , as published by NewsChannel 5 WTVF (CBS affiliate)
· September 2, 2026
· 1 min read
Photo: NewsChannel 5 WTVF (CBS affiliate) · view original
Story provenance No corrections
Summary created by The Nashville Editorial Desk — automated, rule-governed Byline on source page Justin Boggs, as published by NewsChannel 5 WTVF (CBS affiliate) Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key points 5 billion, marking a new era for the company. A major change has occurred in the ownership of Pizza Hut.
A major change has occurred in the ownership of Pizza Hut. The brand was sold for $1.5 billion, marking a new era for the company. This transaction follows a period of slow sales.
The previous owner, Yum! Brands, has transferred some operations, including those in China, to a sister company. Further details about the sale and its implications are available.
The acquisition is led by LongRange Capital, which now owns the Pizza Hut brand outside China. The company's focus will be on its guests, franchisees, and teams, according to its interim CEO.
More business Today’s briefing Local events
Why this story is here
NewsChannel 5 WTVF (CBS affiliate) reported and published this story. The Nashville selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
About this story
As published by NewsChannel 5 WTVF (CBS affiliate) . The Nashville selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NewsChannel 5 WTVF (CBS affiliate) . Have a tip or correction? Contact the editor .
Category: business Published: September 2, 2026 Source: NewsChannel 5 WTVF (CBS affiliate) Reading time: 1 min
Frequently asked about this story
What is this story about? A major change has occurred in the ownership of Pizza Hut. The brand was sold for $1.5 billion, marking a new era for the company. This transaction follows a period of slow sales. The previous owner…
When was this published? This article was first published on September 2, 2026 by NewsChannel 5 WTVF (CBS affiliate) and curated for The Nashville readers.
Who reported this story? This story was reported by Justin Boggs at NewsChannel 5 WTVF (CBS affiliate). To learn more about how The Nashville selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Nashville, or browse our daily briefing and topic hubs .
← Back to all news
More business →
Today’s briefing
Subscribe to newsletter
